Home Flipping in U.S. Drops to 8-Year Low in Mid 2019

ATTOM Data Solutions | September 19, 2019

According to ATTOM Data Solutions newly released Q2 2019 U.S. Home Flipping Report, 59,876 U.S. single family homes and condos were flipped in the second quarter of 2019, up 12.4 percent from the previous quarter, but down 5.2 percent from a year ago. The homes flipped in the second quarter represented 5.9 percent of all home sales during the quarter, down from a post-recession high of 7.2 percent in the previous quarter, but up from 5.4 percent a year ago. Homes flipped in Q2 2019 typically generated a gross profit of $62,700 (the difference between the median sale price and median paid by investors), up 2 percent from the previous quarter, but down 2 percent from a year ago.

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Spotlight

Avalon Run East is ideally located for all the important things in life. As one of the fastest growing areas in the country, there is a wealth of employment opportunities nearby.Apartments in Lawrenceville, NJ Whether you want to be close to work or play, you'll find the perfect home in Lawrenceville at Avalon Run East. Located in beautiful Mercer County, we're convenient to major roadways, and minutes from the Princeton Junction and Hamilton train stations, both less than an hour's ride to New York and Philadelphia. Along with an ideal location, Avalon Run East in Lawrenceville offers an extraordinary array of amenities, ensuring hours of Time Well Spent.

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Hines | September 21, 2022

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REAL ESTATE INVESTMENT,MORTGAGE AND LENDING

AppraisalWorks Partners with Mortgage Cadence to Modernize the Appraisal Process

AppraisalWorks | December 01, 2022

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HOME AND DESIGN,REAL ESTATE INVESTMENT

Wood Partners Expands Footprint in Garland, Texas with Groundbreaking of Latest Luxury Residential Community: Alta Firewheel

Wood Partners | December 02, 2022

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